Considering world economic regimes in the year 2012 and ongoing global economic performance, the U.S., in the year 2013 is forecasted to grow by 1.9 percent compared to contraction in the single currency bloc by 0.1 percent (despite expected growth in the middle of 2012 was 0.7 percent).  With political pressure surmounting between two core Asian economies, Japan and China, amid affected Japanese trade on automobiles and related industry, with contraction in one of the largest export sector, the Japanese economy is expected to witness a meager growth of only 0.7 percent.

Unlike afore discussed economies, Chinese economy, on the contrary, in line with improving manufacturing sector, satisfactory flow of Foreign Direct Investment and export data has been projected to grow by an attractive 8.4 percent for the year, though the figure is 20 basis points lower than previous projection for 2013. Further, increasing Chinese appetite in terms of FDI outflow also exhibits the magnitude of its economy. Moving on to emerging economies, the growth rates for India, Brazil and Mexico have been projected to be 6.1 percent, 3.4 percent and 3.3 percent respectively. With economies like Eurozone and U.S. not really supporting these emerging economies, these expected growth rates could be deemed satisfactory concerning current and forecasted world economy.

Japanese economy, tackling with deflationary pressure, in joint coordination of Bank of Japan and Japanese government has set a price stability target of 2 percent. To achieve the inflation target, the economy is expected to see monetary stimulus from the Bank of Japan. The move anticipated to improve overall economy of Japan by the end of this year.

With China emerging with economic optimism in terms of investment, industrialization, improved trade environment and appetite of out-bound Foreign Direct Investment, the Asian giant shall be having its impact over the economies of surrounding neighbor economies as well.

By the end of 2013, the entire world could expect to see the Chinese supremacy and grip over the entire global economy, putting enormous pressures over other two giants, i.e., Euro zone and the U.S.